Wiley Accounting
Weekly Updates

Discussion Topics for Today's Classroom

Hackett’s message ignored

Description: Jim Hackett, CEO of the Ford Motor Corporation, is trying to get Wall Street to listen. Hackett wants analysts to consider his “thoughtful” approach to moving the car maker forward, rather than concentrating so much on the fact that Ford missed its target for Earnings per Share with its 2018 results. The appeal does not seem to have worked as the market bid down Ford shares by over 6% one day last week.